Escaping the Drift with John Gafford - Escaping the Drift - The Weekly Drop: Harnessing the Power of Adversity

Episode Date: November 22, 2024

Failure is a formidable yet transformative teacher, as I discovered on my journey through life's inevitable trials and triumphs. In this episode of Escaping the Drift, I open up about my personal expe...riences with failure, sharing how gut-wrenching setbacks taught me invaluable lessons. Drawing inspiration from Ryan Holiday's "The Obstacle is the Way" and Ari Rastegar's "The Gift of Failure," and enriched by my conversation with Mikey C Rock, we explore the concept of treating failures as either burdens in the "trunk" or fuel in the "tank." This mindset shift helps transform setbacks into opportunities for growth, emphasizing the necessity of letting failure sting briefly before dissecting and learning from it—much like a school project.   As we conclude our discussion, my appreciation for our supportive listeners grows even more profound. Engaging with you through our website at escapingthedrift.com and encouraging you to join our mailing list is just the beginning. Your reviews and shares help us reach others who might benefit from these insights, and together, we can foster a community that embraces learning from failure. Be sure to tune in next week for another enlightening conversation, and thank you for being a crucial part of our journey. Let's continue moving forward, learning, and growing together.   💬 Did you enjoy this weekly drop? Tell us all about it in the comment section below!    ☑️  If you liked this video, consider subscribing to Escaping The Drift with John Gafford  ************* 💯 About John Gafford: After appearing on NBC's "The Apprentice", John relocated to the Las Vegas Valley and founded several successful companies in the real estate space.   ➡️ The Gafford Group at Simply Vegas, top 1% of all REALTORS nationwide in terms of production. Simply Vegas, a 500 agent brokerage with billions in annual sales Clear Title, a 7-figure full-service title and escrow company.   ➡️ Streamline Home Loans - An independent mortgage bank with more than 100 loan officers. The Simply Group, A national expansion vehicle partnering with large brokers across the country to vertically integrate their real estate brokerages.   *************   ✅ Follow John Gafford on social media:   Instagram ▶️ / thejohngafford   Facebook ▶️ / gafford2   🎧 Stream the new Weekly Drop here: Listen On Spotify: https://open.spotify.com/show/7cWN80gtZ4m4wl3DqQoJmK?si=2d60fd72329d44a9 Listen On Apple: https://podcasts.apple.com/us/podcast/escaping-the-drift-with-john-gafford/id1582927283    *************   #weeklydrop #johngafford #failure #transformative #teacher #trials #triumphs #escapingthedrift #personalexperiences #setbacks #lessons #inspiration #ryanholiday #theobstacleistheway #arirastegar #thegiftoffailure #mindsetshift #opportunities #growth #schoolproject #supportivelisteners #engaging #website #mailinglist #reviews #shares #community #learning #resilience #powerofintrospection #showpromotion #appreciation #enriching #value #insightfulconversations #growingcommunity

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Starting point is 00:00:00 From the podcast that gets you from where you are to where you want to be escaping the drift. This is the weekly drop with John Gafford. No matter what platform you're watching or listening to us on, make sure you like, subscribe and comment. And now the drop. Welcome back everybody. I'm John Gafford and welcome to your weekly drop. And I gotta tell you, man, I have failed. I mean, absolutely crash and burn miserably failed. I mean absolutely crash and burn miserably failed and as the saying goes if you don't fail you probably aren't accomplishing very much either and in life the ball will get rolling right sometimes you can just do no wrong
Starting point is 00:00:38 confidence is strong one success leads to the next but if you're somebody like me that has a lot of balls in the air and business in relationships and ideas and concepts and things you want to do you're gonna miss way more than you connect with and I win a lot but man I fail a lot and sometimes those failures come really close together and start to compile on them a little bit. And so when that happens for me, a couple of things that I know. Number one, I've probably drifted too far away from my process of how I deal with failure. So today in this podcast, I want to explain to you exactly what my process is for dealing with these things.
Starting point is 00:01:23 But I also go back and revisit some books that I love. Obviously Ryan Holloway's the obstacles, the way my good friend, Ari Rastegar, his book, the gift of failure, pick it up on Amazon. Great book. But all of these little things to remind me of how to deal with these things. And when failure comes, dude, for me, it can be gut wrenching because I have sometimes ideas that I fall in love with. I'm the first one to say I fall madly in love with my own ideas. And when they don't come to fruition or they fail, it's almost like
Starting point is 00:02:00 for me, an artist that paints a painting and then people think it sucks, right? It's almost how it feels. Cause I take it so personally. Cause so much of what I attempt to do, it is very personal to me as I'm sure it is to you, and if you don't properly deal with those losses as they come up, then it's going to be a real problem. And it's funny coming out next week on Tuesday, listen to this. I had Mikey C rock, uh, who's a good friend who, who I had him on the podcast.
Starting point is 00:02:29 His episode comes out next Tuesday and just talking about, he wrote a book called rocket fuel, how to turn failure into success. And it was the best analogy I'd ever heard for something he adopted at a very early age. He said it's either, it's either the trunk or the tank. When something said it's either it's either the trunk or the tank when something happens. You either put it in the trunk or the tank and what he meant by that was if you put something in the trunk if you think about that metaphor it's like heavy the back of the car the vehicle goes sags down because it's towing all of this stuff it's carrying all of this stuff but the tank man that's what makes the go. So he says whenever adversity jumps up and bites him or he fails,
Starting point is 00:03:06 he looks at it and goes, am I going to use this? Where's this going? It's a two choices. There's no more than two choices. That's it. It's going to the trunk. It's going to the tank. And I wanted to kind of show you and tell you how I turn things from put instead of putting them in the trunk and I put them in the tank. The first thing is this, I'm gonna tell a story. My daughter had a situation where something that she loves and she works very, very hard at is not necessarily going her way right now.
Starting point is 00:03:42 And you know, my first reaction to that as a father is, well, make yourself undeniable. Like if you're undeniable, then you can't get bumped out of the spot that you're trying to earn. That's my first like earn it. Everything earned, nothing given thought process. But then you start thinking sometimes some of this stuff is a little bit outside your control.
Starting point is 00:04:01 And my wife wanted me to talk to her right away about it. Cause my wife is very much super high EQ, very, you know, she's an empath, very empathetic, wanted to try to help baby bear right away. And I say, and my daughter is very much like me, her, her, she's very much like me. And I said, Nope, you know what? I'm a letter. I'm a let it stinger for like two days because me, when I first take that loss or something bad happens, I got to let it stinger for like two days because me when I first take that loss or something bad happens I gotta let it sting me for a couple of days I gotta sit in it and what I mean by that is I've got I've got to let it hurt, right? I don't want to hear a solution. I don't want to hear I
Starting point is 00:04:35 Don't I'm not ready to decide whether I'm gonna put it in the trunk or the tank It's just gonna sting me for a minute and I got a deal with that. So let it stay then I for a minute and I got a deal with that. So let it stay then I for a couple days I Say okay, I need to do my failure blog I need I need to hit the failure blog and I need to go through this and I start dissecting whatever happened as Though it was a school project I'm looking for what happened and so I want to write out
Starting point is 00:05:04 I write on the top of my blog and I have a little personal blog journal, whatever you may call it, that I keep track of this stuff. And I write out exactly what it was because five, 10 years from now, my mind may not even remember what these, what these ideas were. I write out exactly what the concept was. If there was a financial loss that was involved in that deal, I write out what that financial loss was. Uh, if it was an emotional loss, I write out how it made me feel, uh, whatever that loss was in the moment I write out. The next thing I write down is what could I, what do I, why do I think it failed?
Starting point is 00:05:35 Why do I think this did not work? And I write out every reason why I think it may have gone south. Now, some of that is internal. Some of that is external. Like for example, in a business that I had that that that failed, that did not get the traction I wanted. I just didn't, I didn't hire enough people to make it work. I depended on myself to make like all these outbound sales calls to get to gain interest in this product. And I don't time for a bunch of outbound sales calls. It's just not something that I have time
Starting point is 00:06:10 in the day to do with enough consistency to make this work. So I wrote that down. I wrote, you know, couldn't reach the proper market. So before I went forward to this idea, I should have made sure I had a marketing channel to actually get to all of these people that I wanted to find because it was a very small sect of people and there was really nowhere for me to find to get to them. You know, the next thing I wrote on there was, you know, maybe the price point was bad. Maybe, uh, you know, I should have gone, I should have gauged interest before I went all in on some expenses. And then below that I write, what could I have done better? What am I going to learn that I won't repeat? Like what will I not do again that I won't repeat? And
Starting point is 00:06:56 with this particular example that I'm talking about, I wrote things like, A, do not depend on yourself to be the sales force. You don't have time, you won't do it. I just wrote, you won't do it. You don't have time, you will not do this. You will not be your own sales force. You can't do anything else ever again where you are dependent to be the sales force. You don't have time. Don't tell yourself you'll do it because you won't.
Starting point is 00:07:17 Two, it was like, don't spend money blindly assuming this is going to happen because you haven't gauged market interest yet. You don't know that you can reach the people you need to reach. That is probably just to tell you in failure, that's probably my biggest issue is I have such blind belief in my ability and skill sets that I will drive headfirst into something. I'm like, yeah, book the room, sign the $30,000 contract to book the room. We're going to fill it. It's like, wait a second.,000 contract to book the room. We're going to fill it. It's like, wait a second. Maybe you need to pump the brakes.
Starting point is 00:07:48 And the problem is I probably wait too long in between times. I go to my failure journal because just cause I write it out and just cause I write out the lessons that I need to learn doesn't necessarily mean that I'm going to remember them when it's time to remember them in my office So many people have trophies, you know, they have like great accomplishments of their life. If you look around my office I have wonderful things of failure as Trying to keep it in my face as reminders I know that sounds like a terrible thing, but it's lessons that I've learned I have a hundred thousand dollar bottle of vitamins on my desk if you ever come to my office
Starting point is 00:08:22 I have a hundred thousand000 bottle of vitamins on my desk. If you ever come to my office, I have $100,000 bottle of vitamins. Did I pay a hundred grand for a bottle of vitamins? No, but we put up, paid a hundred thousand dollars for all the other vitamins that we bought with that one for a failed out multi-level marketing company. Didn't go anywhere. Lessons learned from that. I have a script from a television show in my office that I was asked to go read for right after the apprentice, which was written by a guy named David for the bot who did like well and grace and all
Starting point is 00:08:49 these big sitcoms. And they saw me on the apprentice and they wanted me to come read. And when I read the script, they wanted me to read for the lead of this thing, flumity New York to do it. And they wanted me to read for the lead. And I read in the lead that the character was slightly overweight, kind of chubby, by no means man candy. And I was like, Whoa. And then the description of another character was loud, obnoxious, thinks, think Vince Vaughn from swingers.
Starting point is 00:09:14 So I went to this casting appointment and told these people, uh, you know, Hey, I walk in and I go, I think there's been a mistake. I think you want me to read for this other thing. And the guy just looks around with a camera and goes, dude, you can read for whatever you want me to read for this other thing and the guy just looks around with the camera goes dude You can read for whatever you want and then later on my my friends that are actually in that business are like no no No, the descriptions don't mean anything. You should have just said but the fact that I went and changed what was happening Obviously, I didn't get a call back. Thank god that show never got made because that would sting any worse But that script is a permanent reminder of never go into a business meeting
Starting point is 00:09:48 Assuming that I know what the other people want to do. Just don't do it. So turning your failures, like again, do you can't put them in the trunk? You got to put them in the tank and the way to do that is for me, utilizing that journal, write it out, write out what went wrong. And this is with everything that happens to you. And for some people that might not want to write, that's okay. You need a mentor.
Starting point is 00:10:12 You need, you need somebody that a confidant that you can talk this out with and say, listen, I don't want you to tell me what you think happened. I don't want you to give me advice. I just want you to listen to me purge this out. you think happened. I don't want you to give me advice. I just want you to listen to me purge this out. But the key to surviving huge amounts of failure is 1000% finding the lessons within. It's the basis of stoicism. It's what Ryan Holliday writes about in his great book, The Obstacles Away, which if you haven't read that, that is the number one book I always recommend.
Starting point is 00:10:44 I talk about books a lot on this because I read't read that, that is the number one book I always recommend every, I talk about books a lot on this cause I read a lot, but that is the number one book I always recommend everybody go get is the obstacles away. That book probably changed my life personally more than anything else. It is a goal one day to have Ryan on the podcast. I'm going to get there. We'll have him on, but you got to do something with it. Wallowing in it is not going to happen is not going to make any better and The last thing I'm going to talk about When you fail don't
Starting point is 00:11:12 Hang your hat on Outside forces as why you failed because that makes you a victim and it makes you out of control when the reason for the failure or of control when the reason for the failure or the major things that happened that caused it are you and within you you are in control because now you have the power to change it like they say at die hard man i talk about all the time the the henchmen and die hard no one is coming to save you to save yourself we'll see you next week It's to save yourself. We'll see you next week. What's up everybody?
Starting point is 00:11:47 Thanks for joining us for another episode of Escaping the Drift. Hope you got a bunch out of it or at least as much as I did out of it. Anyway, if you want to learn more about the show, you can always go over to escapingthedrift.com. You can join our mailing list. But do me a favor, if you wouldn't mind, throw up that five star review, give us a share, do something, man. We're here for you. Hopefully you'll be here for us. But anyway in the meantime, we will see you at the next episode

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